2024 MOP to UGX Historical Review

YEARLY HIGH

490.4273 UGX

YEARLY LOW

454.7716 UGX

YEARLY AVERAGE

467.4558 UGX

2024 MOP to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 490.4273. Conversely, the yearly low was recorded on December 18, dropping to 454.7716.

This high-to-low spread represents a total annual volatility of 35.6557 UGX. From a start-to-finish perspective, comparing the January average rate of 472.5355 to the December average rate of 457.7478, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 490.4273 was up 3.35% compared to the 2023 peak of 474.5439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 2,452,136 UGX

2023 Average 2,309,755 UGX

Yearly Trough Low 2,273,858 UGX

Transaction Impact: A difference of 178,278.59 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

486.0700

455.1731

JanuMarcMayJulySeptNove

MOP to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 474.5964, compared to 460.3152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.2812 points.

H1 Avg (Jan–Jun) 474.5964

H2 Avg (Jul–Dec) 460.3152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 16.7029 UGX (High: 490.4273 / Low: 473.7244). On the other end, October was the most stable month, with a tight range of 2.0978 UGX (High: 459.3931 / Low: 457.2952).

February Spread (Volatile) ±16.7029

October Spread (Stable) ±2.0978

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 9.7559 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.7559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 480.5717) against the same month in 2023 (average: 456.1278), the exchange rate shifted by +24.4439 (+5.36%).

2024 Avg (February) 480.5717

2023 Avg (February) 456.1278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	474.1341	469.3623	472.5355
February	490.4273	473.7244	480.5717
March	487.8580	480.8999	483.4953
April	482.3330	470.2666	473.7394
May	475.5951	466.4236	470.8438
June	474.3369	460.6035	466.3930
July	464.8141	458.7859	460.7000
August	465.4444	461.9138	463.6231
September	464.2532	460.3945	462.3593
October	459.3931	457.2952	458.4391
November	462.3490	457.0295	459.0221
December	460.4064	454.7716	457.7478